Linear programming (LP) is the central tool of mathematical programming. LP models are fl exible
enough to adequately describe many realistic problems arising in modern industrial settings, while
at the same time take advantage of the considerable expertise in computational linear algebra that
has been developed during the last 50 years. As a result, LP models are abundantly used in logistics,
transportation, fi nance and many other practical applications.
LP has undergone profound changes during the past 20 years, resulting in codes that are thou-
sands (and sometimes millions) of times faster than ...
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